Ironic that NZ First and Greens opposed it, considering NZ First claims they are pro exporters and Greens always harp on about the current account and trade deficits. They should apologise for their opposition to it.

I just hope that Labour don’t go down the anti trade path, as the unions want them to with TPP.

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This entry was posted on Wednesday, November 6th, 2013 at 9:00 am and is filed under NZ Politics.
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The Greens must be close to inventing a perpetual motion machine such is their economic reasoning.

Green Economic Growth Policy:

Confiscate all mining and farm land. Establish KiwiCaffeine, a state-owned coffee-shop chain. This will import only fair trade organic coffee and will sell for $20 a cup due to inflation. Cease all mining and farming activity, serve lattes on former mines and farms. Beanbags, guitars and sheesha free complimentary.

Give increased benefits and pensions to those who cannot afford $20 cups of coffee. Raise taxes and government debt to fund increased welfare spending. Raise top tax rate to 75% on income over $50,000 (Green MPs to be exempt due to the use of family trusts). Express surprise when migration to Australia triples. Blame everything on people earning over $50,000.

But hang in David….
Kelsey and Kelly cannot be wrong.
All those stats that are favourable must be an illusion.
The MSM, if they ever deign to publish them, will of course seek expert comment from Kelsey, Kelly and the red melons et al.

But as Tim “The Tack” Groser said recently: “Kelsey has opposed every trade agreement, and she has been wrong each and every time. Kelsey is the last person I listen to. ”

Oh well, our tax dollars at work paying for Kelsey’s crap.
Now what about the Union of Taxpayers chasing down all this cracdemic research crap??????

DPF – is anyone opposing it on grounds that it will not bring financial benefits?

Surely the opposition is about the fish hooks in it. I am sure you were sitting in that room of a few hundred when the InternetNZ chair suggested TPP was a giant trojan horse. How about some debate/info on all that? (sorry if you have already posted on such topics. I habe not checked)

Kiwigreg: “Not sure how much is due to FTA. Almost all our exports to China are milk powder and uncut logs.”
Massively due to the FTA. The FTA reduced a lot of NTBs and opened doors.
While about half the exports are WMP and relatively unprocessed timber, the other half (meat and other processed goods, etc) is almost entirely due to the removal of tariffs and general opening doors into China that the FTA brought about.
I work in a company which exports to China, so I am biased, but the China FTA was the best thing that happened to NZ for several decades, and the Clark government deserves thanks for that.

Look how it bottomed out at the end of Helengrad and then skyrocketed over ensuing years.

Like everything else, such as the gap between rich and poor, power prices, mortgage rates, everything turned to shit under Labour, the only good result was paying off debt, well congratulations Cullen you genius you paid off debt by increasing my taxes. Give that man a knighthood that he said he was against until he got one

Shipley’s crew worked to prepare the ground work on it.Both parties were donkey deep with the Chinese comrades on this.

How quickly do we forget that the right to protest in Aotearoa formerly New Zealand was severely curtailed during Shipley’s tenure to keep a Chinese President happy during a visit while the negotiations were ongoing?

Our media have been very silent on that and on the directorships etc that seem to go with being “onside” with the Comrades.

Trade balances are interesting, but ultimately they mean nothing in terms of who is making money. We don’t speak of households having trade deficits just because they buy $100 worth of groceries every week and don’t sell anything in return. The trade balance doesn’t reflect what sources of income each country is receiving, or other forms of investment.

“Chinese leaders have ordered local officials to stop expanding industries such as steel and cement in which supply outstrips demand, a Cabinet statement said Tuesday, in a sign previous orders to cut overcapacity were ignored.

The rapid overexpansion of industrial capacity also was fueled by Beijing’s multibillion-dollar stimulus in response to the 2008 global crisis, which was based on higher spending on building highways and other public works. That sent a flood of money to suppliers of steel, cement and other raw materials and helped them resist pressure to merge or reduce production.”